Sunday, February 23, 2020

Altico's 3 bidders revise their offers yet again

The three submitted their latest offers on Friday after lenders had met last Monday to consider the earlier proposals. A key issue is whether to wind down Altico or keep it as a ‘going concern’. Creditors and bidders are slated to meet Monday.

from Banking/Finance-Industry-Economic Times https://ift.tt/2VelvkO

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